IFC taps May 2016 Kauri for NZ$350 million [UPDATED]

International Finance Corporation (IFC) (AAA/Aaa) launched and priced a NZ$350 million (US$266.8 million) increase to its May 2016 Kauri line on October 5. The tap adds to a line which was introduced in May this year at a size of NZ$150 million and priced at 60.25 basis points over New Zealand government bonds.